Last Thursday, the U.S. Senate’s Permanent Subcommittee on Investigations, chaired by Senator Carl Levin, released an alarming 396-page report that details how Wall Street’s too-big-to-fail banks have quietly, and often stealthily through shell companies, gained ownership of a stunning amount of the nation’s critical industrial commodities like oil, aluminum, copper, natural gas, and even uranium. The report said the scale of these bank holdings “appears to be unprecedented in U.S. history.”http://wallstreetonparade.com/2014/11/senate-report-scale-of-wall-street-holdings-are-unprecedented-in-u-s-history/
TBTF Banks buying up Commodities ?
Started by
dougie
, Nov 26 2014 12:48 PM
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